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How would an IRA be treated by a remainder beneficiary of a QTIP Trust after the Grantor’s spouse dies? The...

If you are elderly, or your parents are elderly and you help them with their finances, you should consider getting a Power or Attorney (POA). A POA lets you name or appoint someone to handle important legal and financial issues for you, either now or in the future if you are unable to make decisions for yourself. A POA can also be used to manage or make decisions related to your IRAs.

In the book Stay Rich for Life, Ed gives a timeline for withdrawing assets. The 1st is pretax assets ie...

This week's Slott Report Mailbag (a special Monday edition) includes questions on the new tax law and two popular topics - required minimum distribution (RMD) rules for a beneficiary and Roth IRA contribution rules.

My mother died 5 years ago and left me as the sole beneficiary of a rollover IRA. This IRA contained...

IRS has announced that an estimated 984,400 taxpayers who did not file a 2009 income tax return are owed over $917 million in refunds. In order to collect your refund, you must file your 2009 federal income tax return by April 15, 2013. The average refund owed is over $500. Find out more about how to claim this refund below.

Over the period from 1975 to 1987 I made nine after tax voluntary contributions totalling $37k to my employer’s defined...

This time of year we deal with this exact demand far more often than anyone would believe, the CPA that...

Hi folks, it took me a while to notice (almost 10 years to be exact), but I have noticed a...

Certain retirement plan distributions, known as Qualified Reservist Distributions (QRDs) qualify for special tax breaks. The retirement plan distribution must come from an IRA or from amounts that were contributed as salary deferrals under a 401(k), 403(b) plan or a similar plan.